An agreement mentioned in paragraph 393 - 20(1)(b) does not contravene the requirements of item 8 of the table in section 393 - 35 to the extent that:
(a) it provides for amounts of interest to be payable to the * FMD provider in respect of a loan or other debt of the * owner of the * farm management deposit, or of a partnership of which the owner is a partner, to be reduced; and
(b) that loan or other debt relates to a * primary production business that the owner or partnership carries on.